Regulator

P25.817 billion out of a gross refund amount of P30.229 billion

P4.41 billion

still to delivered to

The extension of the refund implementation period, the regu-

by Meralco, and any outstanding unclaimed balances, as part of its

Earlier this month, the Finance department announced that the

- ered to 15 percent, from 25 percent for active clients and 32 percent for

provisions of the Tax Reform for said in the ERC statement. -

they get the best value for their hardearned money,” she added.

The ERC chief also urged all distribution utilities to “devise